Applicability of s.tax
This query is : Resolved
Abhishek raj
(Querist)
29 December 2012
My firm works as a forwarding agent of goods/cargos, ot produceders/manufacturers, it just work as an intermeditori between producers and shipping line. Is it liable to pay s.tax?
CA Hiren Thakkar
(Expert)
29 December 2012
Now, under Negative List Mechanism, all services except mentioned under negative list and those notified under Mega Exemption Notification are subject to ST. So your firm is definitely subject to Service Tax....
Abhishek raj
(Querist)
29 December 2012
Does this come in principal to principal basis category?
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